PPL Electric Utilities to invest nearly USD 1B

PPL Electric Utilities will invest nearly USD 1B this year to improve the reliability of the system that delivers power to its nearly 1.4 million customers.

The projected investment of USD 968M includes USD 616M for transmission projects which is the largest scale infrastructure investment since the 1970s. Around USD 352M is earmarked for projects to upgrade the distribution network that delivers power directly to homes and businesses. Nearly 250 larger projects are scheduled this year, along with other work across the system also aimed at improving reliability, including limiting the size and duration of outages.

In addition to the PPL Electric Utilities workforce, more than 900 tradespeople and other professionals will be working on the utility’s system to support the planned work this year. In addition, the projects provide business for industries such as pole and wire manufacturers.

“This is an important time in the history of the company,” said PPL Electric Utilities President Gregory N. Dudkin. “The investments this year and the nearly USD 3.8B we’re looking to invest over the next five years are aimed squarely at one thing — strengthening our system so our customers can depend on safe and reliable service well into the future.”

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